The Government e-Marketplace (GeM) has transformed public procurement in India by providing a transparent and efficient platform for government buyers and sellers. A crucial component of this transformation is the GeM Vendor Assessment, which ensures that sellers meet the necessary standards and qualifications to participate in government procurement. Here’s all you need to know about GeM Vendor Assessment- Introduction to GeM The Government e-Marketplace ( GeM ) is India’s unified platform for public procurement, promoting transparency and efficiency in government purchases. To uphold high standards, GeM mandates a Vendor Assessment process to evaluate the credentials of sellers, particularly Original Equipment Manufacturers (OEMs) and resellers in specific categories. This assessment ensures that only qualified vendors participate in government procurement, thereby maintaining the integrity of the marketplace. What is GeM Vendor Assessment? GeM Ven...
The bidding process on a gem portal typically involves several sequential steps: 1. Registration : Bidders must register on the gem portal to participate in bidding activities. This registration process may involve providing contact information, business details, and any necessary certifications or licenses. 2. Accessing Bidding Opportunities : Once registered, bidders gain access to the list of current bidding opportunities available on the gem portal. These opportunities outline the type of gemstones being offered, quantities, quality standards, and other relevant details. 3. Reviewing Tender Documents : Bidders carefully review the tender documents associated with each opportunity. These documents provide comprehensive information about the bidding requirements, terms and conditions, technical specifications, delivery schedules, and evaluation criteria. 4. Preparation of Bid : Based on the tender documents, bidders prepare their bids. This involves determining pricing, specify...